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Ghaban Fahish

An excessive profiteering (ghaban) in which the seller intentionally deceives the buyer by stating explicitly or implicitly that the sale...

Mufawadah Partnership

A type of partnership (musharakah or sharikah) which holds all participating parties at equal footing in terms of funds contributed,...

Mal Ghayr Mutaqawwim

According to the Hanafi school of thought (mazhab), a category of mal that has no value from the perspective of...

Ghaban

Arabic (غبن) for a fraudulent practice by which one party to a commutative contract (ba’i, ijarah, salam, etc.) attempts to...

Al-Mal

A general Arabic term (المال) that denotes wealth, property, money, funds, or any valuable things (intangibles included) that can be...

Mal Ghair Mutaqawwim

According to the Hanafi school of thought (mazhab), a category of mal that has no value from the perspective of...

Mal

A general Arabic term (مال) that denotes wealth, property, money, funds, or any valuable things (intangibles included) that can be...

BBA

It stands for ba'i bithaman ajil; a contract of sale (ba'i) in which goods are sold on a deferred payment...

Ba’i al-Muzayadah

A transaction that involves the sale (ba'i) of an asset in the open market based on the process of bidding...

Ba’i al-Tashreek

Arabic (بيع التشريك) for a special case of tawlia sale (ba'i al-tawliyah) in which the profit waiver on the underlying...